DLTX: DLTx Signs Term Sheet With SVBS for Revolution AS Listing

(Oslo, 29 August 2022) DLTx ASA (DLTx, OSE: DLTX) announces that it has entered
into a term sheet agreement with Silicon Valley Blockchain Society, Inc (SVBS),
a Delaware corporation, for the listing of Revolution AS (Revolution) later this
year.

DLTx ASA, an early investor in SVBS will spin off its DLTx Venture AS subsidiary
which will then merge with SVBS to form Revolution AS. The newly named entity
will aim for a stock exchange listing.

The partnership entails that SVBS will contribute equity and token ownership in
blockchain companies & protocols to DLTx Venture AS and upon listing, the
operating entity will be renamed Revolution AS and represent the new Revolution
brand. DLTx will contribute assets from its investment portfolio into DLTx
Ventures.

SVBS operates a global investing platform bringing together cross-stage
expertise in Technology, Governance, Policy, Markets, Legal, Finance and
Marketing to invest in entrepreneurs focused on the long-term future of
decentralization in the Blockchain, Fintech, AI, Web3, and Digital Health
industries via a curated network called SVBS Nation that consists of
Institutional Capital, Venture Capital, Family Offices, Corporate and Angel
Investors on one hand and a plethora of cross-capability experts on the other.

"SVBS is pleased to be partnering with DLTx to accelerate the growth of its
global platform. The DLTx team has a strong track record in protocol expansion
across the Web3 space which will assist SVBS in scaling its activities initially
in Europe, and then globally," says SVBS President, Amit Pradhan. 

The partnership will see SVBS leadership team of Venture Industry veterans, AI
and Blockchain specialists coupled with years of Institutional investing and
governance expertise, combined with DLTx's strategic knowledge, finance and
hardware expertise and relationships. DLTx will take board positions at
Revolution. 
 
"I am excited that we are partnering with SVBS to form Revolution and leveraging
the strengths of their team to help develop the companies in the investment
portfolio. They have a strong track record, and we are certain that they will
continue their great success investing in companies focusing on
decentralization. By spinning off DLTx Venture and assets from our investment
portfolio DLTx will be able to focus 100% on building Web3 infrastructure going
forward." says Thomas Christensen, CEO of DLTx ASA.


For further information, please contact:

Thomas Christensen, CEO, +47 922 55 444


About DLTx | www.dltx.com

DLTx is a vertically integrated technology company expanding Web3 by deploying
blockchain infrastructure at scale across major global industries. We are
decentralists who believe in the new economy that's powered by cryptographic
digital assets. Our team has been at the forefront of developing and launching
10 of the most important protocols in the blockchain space including Ethereum,
developed the first blockchain investment fund in 2014, built out massive scale
mining infrastructure since 2015, and now operates the first publicly traded
company focused on powering Web3.


About SVBS | www.svbs.one

SVBS (Silicon Valley Blockchain Society, Inc.) provides a global investing
platform bringing together cross-stage expertise in Technology, Governance,
Policy, Markets, Legal, Finance and Marketing to invest in entrepreneurs focused
on the long-term future of decentralization in the Blockchain, Fintech, AI,
Web3, and Digital Health industries. There are two main components to SVBS Inc:
SVBS Nation and SVBS Ventures. SVBS Nation is a global, invite-only,
member-driven global network of Institutional Investors, Angels, Family Offices,
Corporate & Venture Capital focused on funding Entrepreneurs focused on the
intersection of Blockchain, Fintech, AI, and IoT. SVBS Ventures holds and
manages a portfolio of positions in early-stage companies and creates financial
products enabling Institutional Investors to gain exposure to this revolutionary
new digital asset class.